PhoenixChain
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    • $PCN - Deflationary Token
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    • An evolution in earning in DEFI
    • Anti Whales
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  1. INNOVATION

Anti Whales

Along with the auto-generating liquidity pool, we have added an Anti-Whale feature.

We have seen many Crypto holders suffer due to big dumps from the whales. For eg: the NCAT price dropped 4 times in hours due to a whale dumping and taking almost 500 BNB from the pool (and in SAFEMOON's case it was 1771 BNB).

So any transaction that (sells/buys and wallet transfers) that trades more than 1% of the total supply will be rejected. This will protect price movement also.

Furthermore, if a whale makes a transfer (between 2 wallets) that is more than 1% of the total supply will be charged for 1 BNB. These 1 BNBs go straight to the BNB reward pool.

This feature prevents pump-dump-exist whales because they can destroy the project.

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Last updated 3 years ago

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